Packing Credit / Export Finance
Pre- and post-shipment financing for exporters to fund production, packaging, and receivables.
What is a Packing Credit / Export Finance?
Packing Credit (PC) is a short-term, working capital facility extended to exporters before shipment to fund raw materials, labour, and packaging. Post-Shipment Credit covers the period after goods are dispatched until payment is received from the overseas buyer. Both carry concessional interest rates under RBI Export Credit guidelines.
Who is Eligible?
- Registered exporters with valid IEC (Import Export Code)
- Confirmed export orders or LC from overseas buyers
- Businesses exporting goods or services
- Manufacturing and merchant exporters
Key Benefits
- Concessional interest rates (RBI-regulated)
- Available in INR and foreign currency (PCFC, PSFC)
- Tenures of 180–270 days
- Boosts export competitiveness by reducing cost of funds
- Priority sector classification
Documents Required
Step-by-Step Process
Exporter Assessment
We review your export history and order value.
Scheme Selection
Pre-shipment or post-shipment facility selected based on need.
Bank Application
Application submitted to your bank's trade finance desk.
LC / Order Verification
Bank verifies the order or LC authenticity.
Drawdown
Funds disbursed against verified orders for production or receivables.
Frequently Asked Questions
What is packing credit and who can avail it?
Packing credit is a pre-shipment working capital loan for exporters — funds raw materials, labour, and packaging costs before goods are shipped. Any registered exporter with a valid Import Export Code (IEC) and confirmed order or LC can avail it.
What is the interest rate on packing credit?
Packing credit carries concessional rates under RBI Export Credit guidelines — typically 6–9% p.a. in INR (PCRE) and LIBOR/SOFR + spread for foreign currency (PCFC), significantly lower than regular working capital.
What is the difference between pre-shipment and post-shipment credit?
Pre-shipment (packing credit) funds production before goods ship. Post-shipment credit bridges the gap between shipment and buyer payment. Both are export-linked and carry concessional rates.
Interested in a Packing Credit / Export Finance?
Tell us your requirement and we will assess your eligibility in 24 hours — for free.
Apply Now +91 97146 31847